The UI and behavior is amazingly close to the real thing. But I cannot help but sigh when the brush tool lags more than Paint lagged on a 233 MHz Celeron. I really think this is an awesome project, but I am old enough (30) to remember fast performing GUI apps and I don't know if I'll ever "get over" losing them. edit: hopefully it is an inefficient implementation and not the inherent slowness of web apps.
It wasn't until I tried editing a 4K wallpaper that it started feeling sluggish, and even then the only lag I got was during the brief period between brushstrokes, where it's trying to save undo history and persist the in-progress image to localstorage.
I do suspect there's probably still a lot of room for optimizing this as well, both on the app's and browser's side of things.